02/25/2022
For a liquidator of an insolvent company with few assets, the prospect of having to provide security can act as a significant deterrent to bringing the claim in the first place or to continuing with the claim once the court orders the company to provide s
02/25/2022
This enhanced ability to issue prohibition orders will enable MAS to take a consistent sector-wide approach when taking enforcement action against misconduct.
02/25/2022
The approach of “opting-out” of receiving personal data is often proposed in the course of negotiating the terms of an NDA.
02/25/2022
The Commission is hoping to have the draft declaration signed by summer 2022.
02/25/2022
The Proposed Directive aims to foster the sustainable and responsible behaviour of in-scope companies operating in the European Union (the EU) throughout their global value chains.
02/25/2022
All employers in the UK have a responsibility to prevent illegal working by conducting a simple right to work check on potential employees.
02/25/2022
The consideration of human and environmental rights should be understood as part of their duty to act in the best interest of the company, the Commission said.
02/25/2022
These latest Commission plans would apply similar restrictions to the transfer of, and foreign access to, EU-held non-personal data for the first time.
02/25/2022
This would leave the employee with the choice of either bringing a claim in the Employment and Discrimination Tribunal, with all its attendant stress and uncertainties, or walking away from that claim.
02/24/2022
The absence of exchange controls, tax neutrality and the ability to close transactions electronically, among other things, have continued to drive the popularity of the BVI and the Cayman Islands as jurisdictions of choice in these types of transactions.
02/23/2022
Almost two-thirds of the firm offers announced in 2021 were from such sources.
02/23/2022
UK law makers are considering introducing such a system too.
02/23/2022
To the extent one can forecast DOJ’s future enforcement activities from where it chooses to place talent and resources, it looks very clear that virtual currency and digitals assets are likely to remain a top-level priority of the department for som
02/23/2022
China’s crypto ban extends to a wider range of crypto-based activities
Despite the wide and non-exhaustive ban on “virtual currency” activities, some regulatory grey areas will remain as technology develops and markets evolve.
02/22/2022
This Legal Update discusses two areas the proposals focus on and notes the deadlines for submitting responses.
02/22/2022
Take private transactions in Jersey have frequently been implemented by members’ schemes of arrangement under Part 18A of Companies (Jersey) Law 1991 (CJL).
02/22/2022
The policy paper outlines next steps in the government’s review of the UK’s fund regime.
02/22/2022
This rise in the use of financial sanctions poses particular compliance risks and below we explore some of the fundamental issues that arise for trustees and financial institutions in the Bailiwick of Guernsey in complying with the various Guernsey sancti
02/22/2022
Harneys advised XPeng Inc as Cayman Islands counsel in relation to their listings on the Hong Kong Stock Exchange on 7 July 2021
02/22/2022
There are few practical consequences arising from inclusion on the EU AML List although clients should be aware of the following.